Marathon Digital Holdings, Inc. (MARA)

NASDAQ: MARA · IEX Real-Time Price · USD
5.54
+0.20 (3.75%)
At close: Jul 1, 2022 4:00 PM
5.55
+0.01 (0.18%)
After-hours: Jul 1, 2022 7:59 PM EDT
3.75%
Market Cap 588.95M
Revenue (ttm) 193.03M
Net Income (ttm) -132.49M
Shares Out 106.31M
EPS (ttm) -1.31
PE Ratio n/a
Forward PE 21.74
Dividend n/a
Ex-Dividend Date n/a
Volume 11,547,917
Open 5.41
Previous Close 5.34
Day's Range 5.28 - 5.70
52-Week Range 5.27 - 83.45
Beta 4.68
Analysts Buy
Price Target 27.39 (+394.4%)
Earnings Date Aug 12, 2022

About MARA

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las V... [Read more...]

Industry IT Services
Founded 2010
CEO Merrick Okamoto
Employees 10
Stock Exchange NASDAQ
Ticker Symbol MARA
Full Company Profile

Financial Performance

In 2021, MARA's revenue was $150.46 million, an increase of 3,353.03% compared to the previous year's $4.36 million. Losses were -$36.17 million, 246.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is 27.39, which is an increase of 394.40% from the latest price.

Price Target
$27.39
(394.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Marathon (MARA) Stock Plunges as Montana Storm Knocks Miners Offline

Today, investors in Marathon Digital and MARA stock have yet another headwind to contend with: Montana storms. The post Marathon (MARA) Stock Plunges as Montana Storm Knocks Miners Offline appeared firs...

Three Cryptocurrency-Related Stocks To Dump Now

We believed that cryptocurrency prices, especially Bitcoin and Ether, were immune to the economy's crash. Now we all know better.

Other symbols: COINRIOT

Crypto Crash Extends to Wall Street. These Are the Hardest-Hit Crypto Stocks.

The crypto crash is showing itself on the traditional stock market, with crypto stocks seeing much tumult to open the week. The post Crypto Crash Extends to Wall Street.

Why Is Marathon Digital (MARA) Stock Down 20% Today?

Shares of MARA stock are down sharply on reports that it missed its May targets and as the entire market selloff accelerates. The post Why Is Marathon Digital (MARA) Stock Down 20% Today?

5 Stocks to Buy for 50% Upside in the Second Half of 2022

Five growth stocks to buy for 50% returns in the second half of 2022. Oversold growth stocks to buy of firms that have strong fundamentals.

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Why Bitcoin- And Ethereum-Related Stocks Are Falling

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT), are trading lower Tuesday amid a decreas...

Other symbols: COINRIOT

Better Bitcoin Stock: Riot Blockchain vs. Marathon Digital Holdings

Both Bitcoin miners remain volatile investments.

Other symbols: RIOT

Why Bitcoin- And Ethereum-Related Stocks Coinbase And Marathon Digital Are Diving Today

Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ: COIN) and Marathon Digital Holdings Inc (NASDAQ: MARA), are trading lower Friday morning amid ongoing weakness in Bitcoin (CRYPTO:...

Other symbols: COIN

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12 Horrific Stock Crashes Become Nightmares For Gen Z Investors

Most S&P 500 investors think they're geniuses — until their first crash. Gen Z, which rushed into investing in 2020, might be getting theirs.

Why Bitcoin-Related Stock Marathon Digital Holdings Is Trading Lower

Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower Thursday amid overall market weakness as traders continue to digest Wednesday's Fed rate hike announcement. The Federal Reserve rais...

Why the Fed's Latest Move Might Be Bad News for Marathon Digital

Although the Federal Reserve didn't bring the real heat regarding interest rate hikes, MARA stock isn't out of the woods yet. The post Why the Fed's Latest Move Might Be Bad News for Marathon Digital ap...

MARA Stock: Is Marathon Digital Holdings A Buy After Posting Mixed Earnings?

Marathon Digital stock has been volatile as Bitcoin adoption grows. Here's what the fundamentals and technical analysis say about the stock.

Marathon Digital Holdings, Inc. (MARA) Reports Q1 Loss, Misses Revenue Estimates

Marathon Digital Holdings, Inc. (MARA) delivered earnings and revenue surprises of -118.18% and 2.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for th...

3 Short-Squeeze Stocks That Could Take Off in May 2022

These short-squeeze stocks have a high short interest as a percentage of free-float and are primed for a rally from oversold levels. The post 3 Short-Squeeze Stocks That Could Take Off in May 2022 appea...

Other symbols: BLNKLCID

What's in the Cards for Marathon Digital (MARA) in Q1 Earnings?

Marathon Digital's first-quarter 2022 earnings and revenues are expected to have increased year over year.

Marathon Digital Holdings, Inc. (MARA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Marathon Digital Holdings, Inc. (MARA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Marathon Digital Holdings to Announce First Quarter 2022 Financial Results

Earnings Webcast and Conference Call Set for Wednesday, May 4, 2022 at 4:30 p.m. ET Earnings Webcast and Conference Call Set for Wednesday, May 4, 2022 at 4:30 p.m. ET

Use Weakness in Marathon Digital Holdings Stock as Opportunity

I'd use weakness in MARA stock as an opportunity. Not only is the cryptocurrency mining stock oversold, it's quickly growing.

Bitcoin Mining Ramp-Up Should Spur Interest in Marathon Digital Holdings

Marathon Digital Holdings is getting aggressive as a crypto mining competitor and MARA stock's price doesn't seem to match its true value. The post Bitcoin Mining Ramp-Up Should Spur Interest in Maratho...

3 Crypto Mining Stocks to Buy for April 2022

Look to these digital mining companies and crypto mining stocks as the entire cryptocurrency market grows and matures in coming years. The post 3 Crypto Mining Stocks to Buy for April 2022 appeared firs...

Other symbols: BTBTRIOT

4 Oversold Stocks Ready to Bounce Back

Oversold growth stocks that can deliver healthy returns in the next few quarters. Growth stocks with positive industry tailwinds.

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Marathon Digital Doubles Down on Bitcoin

MARA stock has not risen as much as Bitcoin despite being a miner. The company has gone “all-in” on Bitcoin and expects a hash rate of 23.3 EH/s by early 2023 The post Marathon Digital Doubles Down on B...

Marathon Digital Holdings May Need That Takeover After All

After jumping on news that it was not for sale, MARA stock has given back those gains, putting the focus back on the underlying business. The post Marathon Digital Holdings May Need That Takeover After ...